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20120928
20121006
Search Results 0 to 14 of about 15 (some duplicates have been removed)
questions after his speech. let's listen in. >> japan, of course, is the first modern economy to be trapped at the zero bound. interest rates close to zero. their experience foreshadowed the global financial crisis of 2008. the japanese had a stock market booming bust and a property boom and bust together which was roughly double the size, proportionally speaking, to the united states. it was a major shock to the economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is
on the campaign, but the public sort of is already absorbed the economy through their own prism. >> we are keeping our eye on two different things. we will get reaction from the president who will speak live at george mason university, and then mitt romney will kick off a campaign event within the hour as well in the southwestern virginia town of of aiavington. 86,000 more jobs added in july and august than previously thought. total unemployment rose by 873,000 jobs last month. that is the biggest one-month increase in nearly 30 years. will these new numbers mean lights out for romney's post debate afterglow? new ads kat aare catered to cri inting states. joining me live is jan schakowsky. congresswoman, it's great to have you here. business pioneer jack welch basically calls these numbers into question. had this remark that he tweeted out earlier today saying, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. what do you say to that? even the white house though right now this morning reluctant to spike the football on this. in their statement saying
of the economies, and i think because of that mitt romney's gin more chances than he otherwise would to make his case to the american people. i think this very first debate next week may be his last best chance to make his case. >> do you think if the debate's a flop for mitt romney that all of a sudden some super-pacs and big dollar donors, some of the establishment, do they begin to abandon him next thursday? >> i think it will certainly heighten and go to defcon five. what's the next color is on the homeland security chart, i lose track of them, we'll probably go to. i think what mitt needs to do, craig -- >> fuchsia. >> -- is really be himself. stop trying to be a conservative. he's not. we're not talking about a guy with deep ideological convictions. his real moral convictions are in his family where he has a picturesque american model there. beyond that, he's known for making money for himself and other people and creating jobs for those who don't have wealth. that's who he needs to be. >> it sounds like steve is saying let mitt be mitt. is it too late for that? >> well, it's not as though
if the governor wants to, he can use this format, which is open ended on the economy, talk about the economy, but also about american strength and how that can or will be affected in the future economically. so i wouldn't be surprised at all if what you saw in that op-ed that governor romney wrote for the "wall street journal" doesn't become part of a response to a larnler conversation about not just economics in america, but the economic projection, the values projection and foreign policy pro jex. >> let me ask you about the format. debate formats have been krit krzyzewskied. it's going to be six segments. the moderator has some ability to let it go and bring the conversation more broadly. breathe more than we've seen in the past. does that favor one person or the other? >> no, i don't think so. i think as you know, who goes first was determined by coin flip and there's a slight advantage of having your opponent go first. in the opening, romney won the coin toss because president obama goes first and that means that mitt romney can make adjustments after he's spoken, even after that some.
how we're worried in that stagnant obama economy more people are becoming dependent on economy. >> what could be better for the emotional stability of a presidential candidate than your running mate calling you inarticulate? never mind. paul ryan is the one key numbers guy. so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all the math. >> all right. you know what, mitt? you better put paul ryan away somewhere. send him to a sports bar somewhere in ohio. at least he can have a few beers with voters. he's got that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not b
to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> you heard the president. it's no day to talk down the economy to score political points. but shadowing the president in virginia, mitt romney waited nine minutes deep into his scintillating stump speech before even mentioning the big news of the day, delivering it like a speech at a funeral. >> there were fewer new jobs created this month than last month, and the unemployment rate, as you know, to this year has come down very, very slowly. of course, even those that have jobs are having tough times. >> okay. but give mr. romney credit because he actually admits the unemployment rate did come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging sp
on the economy, we'll get some meat on the bone here. but we forgot that this is politics. there are less than five weeks to go before the election, and there are certain things, mitt romney's tax plan, barack obama on social security, barack obama on simpson bowls and debt reduction, they don't want to put meat on the bone. people criticized the moderator. i'm not sure if the moderator pushed more for specifics if they decided i'm not going down this road, and they both clearly decided that on social security for obama, on tack plx plan for romney. i don't know how much cajoling will get them. barack obama being better today than he was last night, here's the problem. let's say there were 5,000 people at that rally. 50 plus million people we expect to have watched the debate last night. that's the issue. you need to be at your best when the audience is massive. you know, being good at a rally with your supporters is a lot easier than being good at a big, giant event where you're being directly confronted by the guy who wants your job. >> chris cillizza, ruth marcus and john harris, thank you
think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is more difficult. for the umpteenth time he has to introduce himself to the american people and erase all the impressions of the mitt romney we met earlier and reveal a coherent person, one voters can imagine as a leader. is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interview in the
Search Results 0 to 14 of about 15 (some duplicates have been removed)